Last Updated on 1 month by Anoob P
As of August 2021, LeBron James Net Worth net worth is estimated to be $1 Billion. LeBron James is the first active player in NBA history to reach $1 Billion of net worth. In this post, we are going to look at LeBron James career, net worth, family, businesses and how he made $1 Billion.
|LeBron James Net Worth : $1 Billion|
|Source of Net Worth||Salary as Professional Basketball Player, Brand Endorsements, Stake in Multiple Companies|
|Real Estate Investments||$81 million investment in three houses in Los Angeles|
|Business Investments||14 Blaze Pizza franchises, $1 billion “lifetime deal” with Nike, Stakes in Beats Electronics and Liverpool F.C, production company SpringHill Entertainment|
|Age & Date of Birth||36 Years, 30 December 1984|
|Profession||Professional Basketball player, Entreprenuer|
LeBron James Net Worth & What You Can Learn from His Career
LeBron James is the first active player in NBA history to reach $1 Billion of net worth. From very early days, LeBron James was able to discover his passion and then make a career out of it.
What you can learn from LeBron James career is that:
If you are unsure of what career to pursue, then think back to the things you used to enjoy doing as a kid.
Most likely, you would find your passion. For example, I was good at writing when I was a kid but I never thought of starting a blog or making a career out of writing.
Additionally, even if you find out what you like to do, you should be able to leverage your position to start side-hustles that make you more money.
LeBron James Net Worth would never have reached $1 Billion if he only focused on his salary, but he was smart enough to start other projects which took off and made him very wealthy.
This post is part of our series where we look at the lives of influencers who have chosen unconventional careers and became successful.
If you are interested in the whole concept of making money online, you can check out some of my other posts including 10 Easy Ways to Earn Money Online without Investment, How to Earn Money from YouTube, how to earn money from Facebook and how to start a blog and make money.
I recently helped a client of mine generate $1000 in income from his YouTube channel that was not making any money and even you can do the same.
Earlier, I had co-founded a video company and raised $2 million in funding and then got fired from the company I started. I had done lot of testing and research on how to monetize YouTube and now I use the same skills to help other YouTubers.
You can read my full story here if you are interested.
How LeBron James Net Worth is $1 Billion, Career & How LeBron James Makes Money 
Who is LeBron James?
LeBron James is a professional American basketball player and also an entrepreneur.
He plays for the Los Angeles Lakers of the NBA. His talent in basketball has often led people to compare him to the legendary Michael Jordan.
You can watch best moments from LeBron James career here:
LeBron James Bio
|Real Name||LeBron Raymone James|
|Nick Name||LeBron James|
|Date of Birth||30 December 1984|
|Age||36 Years OId|
|Relationship Status||Married to Savannah Brinson|
|Height||6 feet 7 inches or 206 cms|
|Weight||249 lbs or 113 kgs (Approx)|
|Net Worth||$1 Billion (Approx)|
|Place of Residence||Los Angeles|
|Source of Wealth||Salary as Professional Basketball Player, Brand Endorsements, Stake in Multiple Companies|
|Education||St. Vincent-St. Mary High School|
|Religion||Raised as Catholic|
|Controversies||Recieving a Hummer as Gift from his mother on James’ potential future earnings|
LeBron James Early Life
LeBron was born on 30 December 1984 to Gloria Marie James in Akron in Ohio. His birth father had a history of criminal records and was not a part of his life at any point in time.
He was born when his mother was only sixteen. As a single mother bringing up her son, Gloria struggled to find a steady job and income. This led to them shifting apartments often.
Sometime later, his mother allowed him to live with the family of Frank Walker.
Frank was a local youth football coach and it was him that introduced LeBron to basketball at the age of 9.
LeBron started playing basketball when he was in fifth grade.
He played in the Amateur Athletic Union (AAU) for Northeast Ohio Shooting Stars.
He along with 3 other friends were very skilled in the game and had promised themselves that they would attend high school together.
All 4 of them attended St. Vincent-St Mary High School, which was a private Catholic school mainly attended by white students.
LeBron James High School
While studying in St. Vincent-St Mary High School, James played varsity basketball team.
He played against The Fighting Irish and won the game.
This victory made them to be the only boys high school team to finish the season. His popularity increased after this game and demands from people who wanted to see him play increased.
To satisfy this demand, he played for his school’s team at the University of Akron’s Rhodes Arena.
In this game too, their team won against The Fighting Irish. James was then given the title of “Ohio Mr. Basketball”. He was subsequently selected to the USA Today All-USA First Team.
He appeared in some magazines before he started his junior year.
He first appeared in the basketball magazine called ‘Slam’, and later was featured on the cover of the magazine ‘Sports Illustrated’.
He was the first high school basketball underclassman to achieve such heights so early in his career.
After playing for the USA Today All-USA First Team, he was named the Male Basketball Gatorade National Player of the Year.
During his senior year, he was embroiled in a lot of controversies.
The first controversy took place during his 18th birthday. His mother had gifted him a Hummer H2 for his 18th birthday by taking out a loan in the name of James’ potential earnings later in his career.
This was a violation of the State Amateur Bylaws which stated that “no amateur may accept any gift valued over $100 as a reward for athletic performance”.
An investigation was carried out by the Ohio High School Athletic Association (OHSAA) and he was found to not be guilty because the gift was from a family member, his mother, and not from “an agent or any outside source”.
His second controversy was when he posed for pictures for an urban clothing store and took two jerseys worth $845.
This was violating the OHSAA rules again. This led to him being deemed ineligible for playing high school sports.
He appealed against the decision and was given a two-year suspension instead. This allowed him to continue playing for the rest of the year.
In the first game that he played after his suspension was uplifted, he scored 52 points, the highest he ever scored in his career. He also led his school to win the Division II championship.
LeBron James Career
LeBron James started his professional career in 2003 when he was drafted into NBA after his highschool.
He was signed with the Cleveland Cavaliers. As a member of the Cavaliers, he won the title of ‘NBA Rookie of the Year’ in 2003-04. He was also the younger player to achieve this feat at 20.
In 2005, he added another achievement to his records for being the youngest player who scored more than 50 points in a single game.
His average point in the NBA season was 27.2. In the following years, although his team was not at the top, James kept adding more points to his career and strengthened his position.
In the 2007-08 NBA season, James continued playing excellently as he did, surpassing other major players like Kobe Bryant and Allen Iverson.
He scored an average of 30 points per game, making it the highest average in the season.
Soon after he left the Cleveland Cavaliers and was a free agent. Although there were speculations of him joining the New York Knicks, he circled around the topic whenever he was asked about it.
During the 2020-11 season, he joined Miami Heat much to the displeasure of his Cleveland fans.
There was also more backlash from the team, whose majority owner Dan Gilbert accused him of being “selfish”, “heartless”, and termed his move as a “cowardly betrayal”.
His time with the Miami Heat was a successful one where both the team and he himself earned many accolades.
He stated in an interview that his decision to leave Cleveland was a tough one and “I knew we had a bright future [in Miami]”. He played for the Miami Heat till 2014 when his contract ended.
He returned to Cleveland Cavaliers in July 2014 and played with them till 2018. He then signed a 4-year contract with Los Angeles Lakers.
LeBron James Injury
LeBron James has suffered from multiple injuries on his knees, back, ankles, and groin. He has had most injuries on his ankle and this has caused him to miss most games.
The 2011 Finals: Chronic cramping in his right thigh and left calf
The First Season playing for LA Lakers: Groin Injury
To know full history of LeBron James injury, you can visit this link.
LeBron James Position
LeBron James played in the Shooting Guard and Small Forward position in basketball.
The Shooting Guard position’s main objective is to score points and steal the ball on defense.
Small forwards are responsible for scoring points and defending, and often are secondary or tertiary rebounders behind the power forward and center
LeBron James Net Worth
In 2021, LeBron was officially declared a billionaire on Twitter by Sportico.
LeBron James Net Worth 2020
In 2020, LeBron James net worth was estimated to be $500 million.
How LeBron James Makes Money
In the first 10 seasons of the NBA, he earned $126 million in salary and an additional $326 million from his endorsement deals with several brands.
When he endorsed Beats by Dre, he owned 1% of the company stakes which brought him $1 million.
The company was later sold to Apple and he earned $30 million from this deal.
He also endorses McDonald’s, Coca-Cola, Samsung, Nike, Microsoft, and many other brands. A major chunk of his net worth comes from his endorsement deals.
His association with Nike started back when he was 18. He was signed with Nike for seven years and was paid $90 million. He later signed a lifetime endorsement deal with them worth $1 billion.
He earns $100 million in salary per year from his basketball games alone. It is estimated from all his salaries and endorsement deals that he will become a billionaire by 2035.
LeBron James Jersey
LeBron James jersey is also very popular with NBA fans. His Lakers No.23 jersey is in some ways iconic and is one of the best selling NBA jersey on Amazon.
You can buy LeBron James 23 Jersey on Amazon Here
LeBron James Appearance
LeBron James has a distinct appearance and is considered one of the most recognizable athletes in the NBA.
LeBron James Hair
LeBron James has been dealing with hair loss since his early 20s.
To deal with the issue, initially, he used hair fibers to cover up the balding areas.
But later, he is suspected to have undergone hair transplant.
Several experts have analyzed from the pictures that he has scars on his head that resemble the scars that are left behind after a hair transplant surgery.
LeBron James Rings
In case you didn’t know, Rings are given to those players who win the NBA championships.
LeBron James has 4 rings that he was awarded after he won the prestigious title 4 times in the years 2012, 2013, 2016, and 2020.
LeBron James House
LeBron James has many expensive properties in Los Angeles. LeBron bought his third property in Beverly Hills at $36.75 million.
The property is around 13,000 square feet and the mansion has four bedrooms, two guestrooms, seven bathrooms, a movie theater, and a tennis court.
It was reported that LeBron James had invested a total of $81 million in three houses in Los Angeles.
You can view more pictures of LeBron James House on this official Forbes page.
LeBron James Wife
LeBron James’ wife is Savannah Brinson. He met his wife back in high school and had been dating since then. The couple tied the knot in 2013.
LeBron James Mom
LeBron James’ mother is Gloria Marie James. His mother single-handedly brought him up. She struggled a lot and often had to shift bases due to various jobs.
LeBron James Son
LeBron James’ eldest son Bronny James is also a basketball player. Like his father, he too is very talented and has been receiving accolades for his skills.
LeBron James Shoes
LeBron James has collaborated with Nike to create custom designer shoes. The shoes are dedicated to the purpose of promoting equality and uplift the black community.
You can shop for official Nike LeBron James shoes using this official link here.
LeBron James Meme
As an influencer and successful NBA professional, LeBron James is also very popular in the “meme” circle.
Here we are listing 5 popular LeBron James Memes from the web, hope you like them.
LeBron James Social Media
LeBron James is active on most social media channels. If you want to follow Lebron James on social media, you can use these official handles.
Frequently Asked Questions about LeBron James
Is LeBron James a billionaire now?
Yes, LeBron James is the first active player in NBA history to reach $1 Billion of net worth.
Who is the richest NBA player ever?
Michael Jordan with a net worth of $2.2 Billion.
How much is LeBron James worth in 2021?
Around $1 Billion
Is LeBron a billionaire 2021?
Yes, LeBron James is the first active player in NBA history to reach $1 Billion of net worth.
What is LeBron James net worth?
As of August 2021, LeBron James Net Worth is estimated to be $1 Billion.
Who does LeBron James play for 2021?
LA Lakers under No. 6 Jersey
Why did LeBron choose 6 in Miami?
In honor of Julius Erving